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257 20th Avenue, Longview, WA 98632

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For Sale

$1,050,000

4 half baths • 4,600 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • 2023
    Year built

  • $228.26
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Incredible turnkey multifamily investment! Professionally managed, newly-built townhouse-style rental units are a passive investor's dream. Built in 2023 these 4 units, all boasting 3 bedrooms and 1.5 bathrooms 2-story & under builder's warranty in 2024. Fire sprinklers! Offers a remarkable 6.0% Cap Rate on Year 1 stabilized, 11.67 GRM. 100% occupancy w/ tenant wait list. Mostly market rate tenants but also Section 8 approved, for consistent income. Option for 1-3 more fourplex under devt, if larger portfolio is desired. Offering is for portfolio of 4 fourplexes but open to offers for individual 4plex(es). Addresses: 285 22nd Ave, 263 20th Ave, 259 20th Ave, 257 20th Ave. All separate parcels.
MLS# 2301928

Listed By CENTURY 21 Real Estate Center

Property Features

  • Age
    1-5 Years Old
  • Exterior
    Sprinkler System, Sidewalk
  • Exterior Description
    Wood Siding
  • Exterior Living Space
    Deck
  • Flooring
    Tile, Wall to Wall Carpet, Ceramic
  • Heating - Fuel Type
    Electric
  • Heating Type
    Other
  • Lot Size
    0.11 Acres
  • Roof
    Composition Shingle
  • Style
    Other Style

Map and Directions

Directions to 257 20th Avenue, Longview, WA 98632

Home seller Meet the Agent,
Jonathan Nicoli

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Jonathan Nicoli

of CENTURY 21 Real Estate Center

(206) 888-1166
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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